I also suspect that many of the young people who can afford and are interested in many of these sorts of hobbies have, at least incrementally, tended to shift more urban which makes them impractical absent some shared club/store space. When I first got an apartment after school--and pre-digital photography--I tried doing home processing in a half-bathroom and rapidly concluded that was for the birds. (Even after I got a house, there really wasn't a suitable space and then digital photography came in.)

Nit: there are electronic drums

Neither drumming nor woodworking (necessarily) needs much space or sound isolation. Of course a "real", big drum set or a panel saw need both ;)

You just voided your own point. Also, you will absolutely notice your apartment neighbor using a hand saw, or drumming on an electonic kit.